期刊名称:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
印刷版ISSN:1844-7007
出版年度:2021
期号:1
页码:47-52
语种:English
出版社:Academica Brâncuşi
摘要:The article draws on how public debt influences financial equilibrium of six Romanian counties during a time span of one decade (2007–2016). By means of panel data analyses conducted via panel estimated generalized least squares with cross-section weights, empirial results obtained on financial data measuring public det, current liquidity and solvency revealed a strong relationship between these indicators. Both short-term and long-term financial equilibria were significantly determined by public debt indicators. Insights provided by this study could assist public authorities at county level in implementing efficient strategies that aim to maintain the financial equilibrium of public institutions and best serve citizens’ interests.